Program to calculate simple interest in ruby

Ruby Program to calculate simple interest. Here more solutions.

#  Ruby program for
#  Calculate simple interest

# Method which is take three parameters
# And calculates that simple interest
# Here time is form in year
# rate is form of annual interest rate
def simpleInterest( principle,  time,  rate)
    # Display parameters values
    print("Principle : ",principle,"\n")
    print("Time : ", time,"\n")
    print("Rate : ", rate,"\n")
    # Calculate interest
    amount = (principle * time * rate) / 100
    # Display amount
    print("Simple Interest : ",amount ,"\n\n")
end


# Test Cases
simpleInterest(1500, 3, 7.3)
simpleInterest(170.4, 7, 3.4)

Output

Principle : 1500
Time : 3
Rate : 7.3
Simple Interest : 328.5

Principle : 170.4
Time : 7
Rate : 3.4
Simple Interest : 40.55519999999999




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